25 February 2013
Insurers “appear slower to respond” to claims from the Bundaberg floods than they were after the Brisbane catastrophe of 2011, according to Legal Aid Queensland civil justice lawyer Paul Holmes…
25 February 2013
Analysts poring over profit announcements from Australia’s two leading local insurers have found cause for optimism, with most displaying new enthusiasm for Suncorp…
25 February 2013
Premium funders and the National Insurance Brokers Association will continue to resist moves to extend consumer credit laws to small business, after the Federal Government deferred its decision on the matter…
25 February 2013
Insurers have paid more than $NZ6.7 billion ($5.4 billion) on Canterbury earthquake claims, with the task of apportioning damage between the Earthquake Commission (EQC) and private insurers due to be…
25 February 2013
An easily navigable website showing clear terms and conditions is the key to selling travel insurance, according to research by Global Reviews…
25 February 2013
Boarding houses are residential buildings and should be covered by the state-owned Earthquake Commission, New Zealand’s High Court has ruled…
25 February 2013
New Zealand marine insurers paid $NZ140.57 million ($115.1 million) on major claims from 2005 to 2011, including $NZ17.7 million ($14.5 million) for cargo losses from the September 2010 Christchurch…
25 February 2013
The Insurance Council of Australia has refocused since the disastrous days of the Brisbane floods, according to new President Mark Milliner…
18 February 2013
The review of the General Insurance Code of Practice could result in an enhanced role for the Code Compliance Committee, independent reviewer Ian Enright has revealed…
18 February 2013
Entitlement to directors’ and officers’ liability policy proceeds will next be tested in the Great Southern action in the NSW Court of Appeal, with the Bridgecorp case in New Zealand now headed…
18 February 2013
The Insurance Council of Australia has revised its claims figures on flood and storm damage in Queensland and NSW, and the Tasmanian bushfire…
18 February 2013
About 6500 property-owners have accepted the New Zealand Government’s buyout offer, out of 7207 offers…
18 February 2013
Victorian brokers are encountering angry clients as the state’s fire services levy on insurance phases out…
18 February 2013
The New Zealand Government could be up for another $NZ400 million ($328.44 million) to settle Canterbury earthquake claims it inherited when it took on the earthquake business of AMI in 2011…
18 February 2013
Australia’s roads are getting safer, with heavy vehicle crashes falling 13% in the past five years, but premiums for truck-owners are forecast to continue rising as the average claims cost increases…
11 February 2013
The Great Southern legal action that will determine whether directors’ and officers’ liability insurance can be used to fund the defence of company officers and directors has been postponed till March…
11 February 2013
An appeal against the New Zealand High Court’s decision in the Bridgecorp directors’ and officers’ case is expected to be lodged today or tomorrow…
11 February 2013
Insurers are beginning to remove the Victorian fire services levy entirely, a year after the outcry when charges of up to 95% were applied to commercial policies…
11 February 2013
The number of flood-related claims received by insurers has nearly doubled in the past week as a picture of the devastation wrought in central and southeast Queensland becomes clear…
11 February 2013
Insurers have learned from the pain of previous Queensland flood events and are using reduced risk cover and higher excesses to curb their losses from the current floods, according to a leading broker…